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Foreign News
September 17, 1798
The Gazette
Portland, Cumberland County, Maine
What is this article about?
Swedish government forced to issue paper currency, partly due to failed reclamations from France for 15 million rix dollars in seized ship cargoes, seen as a degrading national situation.
Clipping
OCR Quality
95%
Excellent
Full Text
The Swedish government has been necessitated to emit a Paper Currency. In detailing the causes which has produced the necessity, they say, it is partly to be attributed, "To the reclamations which the Swedes have made, in vain, to the French government, for the sum of 15,000,000 rix dollars, the amount of the cargoes of the ships taken from them." If the Swedes had resented the fraternal squeezes of the French with American spirit, they would not have been left to made their idle reclamations: or to deplore a situation the most degrading to a nation---that of emitting a paper medium.
Centinel.
Centinel.
What sub-type of article is it?
Economic
Diplomatic
Trade Or Commerce
What keywords are associated?
Sweden Paper Currency
French Ship Seizures
Swedish Reclamations
Where did it happen?
Sweden
Foreign News Details
Primary Location
Sweden
Outcome
loss of 15,000,000 rix dollars from seized ship cargoes; issuance of paper currency as a degrading measure.
Event Details
The Swedish government issues paper currency, attributing the necessity partly to vain reclamations to France for the value of seized Swedish ship cargoes amounting to 15,000,000 rix dollars. The commentary criticizes Sweden's lack of strong response to French actions.